ERP - Enterprise Resource Planning
Enterprise resource planning is a process you should do as a business to stay on top of all the elements of your businesses that work together. ERP can be done by hand, but it’s usually much more effective to do it with software that updates in real-time. You use ERP to keep track of product planning and purchasing, production planning, manufacturing, marketing and sales, materials management, inventory management, shipping, payment and finance, plus anything else that’s important to the operations of your business. ERP is what allows you to plan for the future and anticipate as much as you can in advance.